Barnes Group Management

Management criteria checks 3/4

Barnes Group's CEO is Tom Hook, appointed in Jul 2022, has a tenure of 1.75 years. total yearly compensation is $7.31M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth €6.46M. The average tenure of the management team and the board of directors is 5.5 years and 7.2 years respectively.

Key information

Tom Hook

Chief executive officer

US$7.3m

Total compensation

CEO salary percentage	13.7%
CEO tenure	1.8yrs
CEO ownership	0.4%
Management average tenure	5.5yrs
Board average tenure	7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Hook's remuneration changed compared to Barnes Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$5m
Dec 31 2023	US$7m	US$1m	US$16m
Sep 30 2023	n/a	n/a	US$24m
Jun 30 2023	n/a	n/a	US$63m
Mar 31 2023	n/a	n/a	US$6m
Dec 31 2022	US$13m	US$463k	US$13m
Sep 30 2022	n/a	n/a	US$26m
Jun 30 2022	n/a	n/a	US$37m
Mar 31 2022	n/a	n/a	US$101m
Dec 31 2021	US$201k	n/a	US$100m
Sep 30 2021	n/a	n/a	US$89m
Jun 30 2021	n/a	n/a	US$77m
Mar 31 2021	n/a	n/a	US$53m
Dec 31 2020	US$191k	n/a	US$63m
Sep 30 2020	n/a	n/a	US$87m
Jun 30 2020	n/a	n/a	US$117m
Mar 31 2020	n/a	n/a	US$154m
Dec 31 2019	US$203k	n/a	US$158m
Sep 30 2019	n/a	n/a	US$156m
Jun 30 2019	n/a	n/a	US$150m
Mar 31 2019	n/a	n/a	US$161m
Dec 31 2018	US$204k	n/a	US$166m
Sep 30 2018	n/a	n/a	US$68m
Jun 30 2018	n/a	n/a	US$64m
Mar 31 2018	n/a	n/a	US$60m
Dec 31 2017	US$188k	n/a	US$59m

Compensation vs Market: Tom's total compensation ($USD7.31M) is above average for companies of similar size in the German market ($USD1.62M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.

CEO

Tom Hook (60 yo)

1.8yrs

Tenure

US$7,305,338

Compensation

Mr. Thomas J. Hook, also known as Tom, served as Chief Executive Officer at Q Holding Company from September 2017 to January 2021. Mr. Hook serves as a director of NeuroNexus Inc. He served as director of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Hook	President	1.8yrs	US$7.31m	0.40% $ 6.4m
Julie Streich	Senior VP of Finance & CFO	2.9yrs	US$2.18m	0.021% $ 350.6k
Jay Knoll	Senior VP	1.3yrs	US$2.29m	0.0089% $ 144.8k
Dawn Edwards	Senior Vice President of Human Resources	14.7yrs	US$1.46m	0.19% $ 3.0m
Ian Reason	Senior VP & President of Barnes Aerospace	1.9yrs	US$1.33m	0.0019% $ 31.0k
Marian Acker	Principal Accounting Officer	14.3yrs	US$1.21m	0.057% $ 930.4k
William Pitts	Vice President of Investor Relations	13yrs	no data	no data
Lukas Hovorka	Senior Vice President of Corporate Development	no data	no data	0.062% $ 1.0m
Michael Kennedy	Vice President of Tax & Treasury	8.1yrs	no data	no data

5.5yrs

Average Tenure

59yo

Average Age

Experienced Management: BG4's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Hook	President	7.9yrs	US$7.31m	0.40% $ 6.4m
Richard Hipple	Independent Director	6.3yrs	US$240.23k	0.035% $ 564.4k
Thomas Barnes	Independent Chairman of the Board	46.3yrs	US$344.23k	0.96% $ 15.7m
Mylle Bell Mangum	Lead Independent Director	22.3yrs	US$262.19k	0.026% $ 431.1k
Neal Keating	Independent Director	1.2yrs	US$234.88k	0.014% $ 221.1k
Jakki Haussler	Independent Director	2.8yrs	US$240.98k	0.012% $ 190.1k
Daphne Jones	Independent Director	4.6yrs	US$240.23k	0.019% $ 302.5k
Hans-Peter Männer	Independent Director	7.5yrs	US$250.73k	0.92% $ 15.0m
JoAnna Sohovich	Independent Director	9.9yrs	US$262.15k	0.040% $ 652.6k
Elijah Barnes	Independent Director	8.3yrs	US$243.55k	1.34% $ 21.8m
Anthony Nicolosi	Independent Director	6.9yrs	US$260.81k	0.026% $ 421.7k
Adam Katz	Independent Director	less than a year	no data	no data

7.2yrs

Average Tenure

66yo

Average Age

Experienced Board: BG4's board of directors are considered experienced (7.2 years average tenure).

Barnes Group Management

Management criteria checks 3/4

Key information

Recent management updates

Barnes Group Inc. Announces Board Changes

Barnes Group Inc., Annual General Meeting, May 03, 2024

Barnes Group Inc. Announces Retirement of Marian Acker as Vice President, Controller and Principal Accounting Officer, Effective April 30, 2025

President recently bought €2.5m worth of stock

Director recently bought €95k worth of stock

Barnes Group Inc. Appoints Neal J. Keating to Board of Directors

Recent updates

Barnes Group Inc. Provides Earnings Guidance for the Full Year 2024

New major risk - Revenue and earnings growth

OEP Capital Advisors, L.P. completed the acquisition of Associated Spring and Hänggi businesses of Barnes Group Inc. (NYSE:B) for approximately $180 million.

Barnes Group Inc. to Report Q1, 2024 Results on Apr 26, 2024

Barnes Group Inc. Announces Board Changes

Barnes Group Inc., Annual General Meeting, May 03, 2024

New minor risk - Earnings quality

Fourth quarter dividend of US$0.16 announced

Fourth quarter dividend of US$0.16 announced

Full year 2023 earnings released: EPS: US$0.31 (vs US$0.26 in FY 2022)

Barnes Group Inc. Provides Earnings Guidance for the Full Year 2024

Barnes Group Inc. Declares Quarterly Cash Dividend, Payable on March 8, 2024

Irenic Capital Nominated Candidates to the Board of Barnes Group

Barnes Group Inc. Announces Retirement of Marian Acker as Vice President, Controller and Principal Accounting Officer, Effective April 30, 2025

Barnes Group Inc. to Report Q4, 2023 Results on Feb 16, 2024

Upcoming dividend of US$0.16 per share at 2.7% yield

President recently bought €2.5m worth of stock

Investor sentiment deteriorates as stock falls 29%

Barnes Group Inc. Updates Earnings Guidance for the Full Year 2023

Third quarter 2023 earnings released: US$0.43 loss per share (vs US$0.33 profit in 3Q 2022)

Barnes Group Inc. Declares Quarterly Dividend, Payable on December 8, 2023

Irenic Capital Management Pushes Barnes Group for Sale

Barnes Group Inc. to Report Q3, 2023 Results on Oct 27, 2023

Upcoming dividend of US$0.16 per share at 1.7% yield

Second quarter 2023 earnings released: EPS: US$0.34 (vs US$0.78 loss in 2Q 2022)

Barnes Group Inc. Provides Earnings Guidance for the Year 2023

Barnes Group Inc. Declares Quarterly Cash Dividend, Payable on September 8, 2023

Barnes Group Inc. to Report Q2, 2023 Results on Jul 28, 2023

Upcoming dividend of US$0.16 per share at 1.6% yield

Barnes Group Inc. Declares Quarterly Cash Dividend, Payable on June 9, 2023

Director recently bought €95k worth of stock

First quarter 2023 earnings released: EPS: US$0.26 (vs US$0.40 in 1Q 2022)

Barnes Group Inc. Provides Earnings Guidance for the Year 2023

Full year 2022 earnings released: EPS: US$0.26 (vs US$1.96 in FY 2021)

Barnes Group Inc. Declares Quarterly Cash Dividend, Payable on March 10, 2023

Barnes Group Inc. Appoints Neal J. Keating to Board of Directors

Barnes Group Inc. to Report Q4, 2022 Results on Feb 17, 2023

Barnes Group Inc. Announces Resignation of Patrick T. Hurley as Senior Vice President and Chief Technology Officer

Upcoming dividend of US$0.16 per share

Insufficient new directors

President recently bought €1.0m worth of stock

Insufficient new directors

Insufficient new directors

Barnes Group Inc. Provides Earnings Guidance for the Full Year 2022

Barnes Group Inc. Declares Quarterly Cash Dividend, Payable on December 9, 2022

Barnes Group Inc. to Report Q3, 2022 Results on Oct 28, 2022

Barnes Group Inc. Provides Sales Guidance for the Year 2022

Barnes’ Engineered Components to Close Production Operations in Bristol, CT

Barnes Group Inc. Declares Quarterly Dividend, Payable on September 9, 2022

Barnes Group Inc. Announces Executive Changes

Barnes Group Inc. to Report Q2, 2022 Results on Jul 29, 2022

Lead Independent Director recently sold €153k worth of stock

William J. Morgan Retires from the Board of Directors of Barnes Group Inc

Barnes Group Inc. Declares Quarterly Dividend, Payable on June 10, 2022

First quarter 2022 earnings released: EPS: US$0.40 (vs US$0.38 in 1Q 2021)

Barnes Group Inc. Names Ian M. Reason Senior Vice President, Barnes and President, Barnes Aerospace

Barnes Group Inc., Annual General Meeting, May 06, 2022

Now 20% undervalued

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Barnes Group Inc. Provides Earnings Guidance for the Full Year 2022

Barnes Group Inc. Declares Quarterly Cash Dividend, Payable on March 10, 2022

Barnes Group Inc. Provides Update Financial Outlook for 2021; Provides Sales Guidance for 2025

Upcoming dividend of US$0.16 per share

Third quarter 2021 earnings released: EPS US$0.55 (vs US$0.30 in 3Q 2020)

Upcoming dividend of US$0.16 per share

Second quarter 2021 earnings released: EPS US$0.48 (vs US$0.011 in 2Q 2020)

Upcoming dividend of US$0.16 per share

Insider recently sold €50k worth of stock

Lead Independent Director has left the company